List of Tax Deductions (contd.)
Charitable contributions
- Cash contributions to US charities
- Non- cash contributions made to U.S. charities (eg. Red cross, Salvation Army)
Investment expenses
- Tax Preparation fees charged by accountant.
- Tax Preparation fees for instance the cost of tax preparation software or online tax fees.
- Brokerage fees
- Margin interest paid in investment accounts.
- Investment fees
- Legal fees- Safe deposit box rental
Taxes
- State & Local Income tax
- Property taxes for Condo or Coops
- Disability insurance tax (certain states)
- Occupational taxes
- Personal property tax
- Real property tax
- State transfer tax
- Withholding taxes